Canadians Selling US Real Estate – Watch Out for FIRPTA
Canadians selling US real estate are subject to a mandatory IRS withholding on their sale proceeds. To know more, read this article.
14
02, 2019
13
02, 2019
Seminar: YOU’RE INVITED to a Cross-Border Tax and Estate Planning Event
Helping Canadians understand their tax, estate planning and ownership needs in the U.S. If you spend a significant amount of time in the U.S., or have personal or investment property there, it’s important to understand the differences between Canada and the U.S.
7
02, 2019
Title Insurance in US Real Estate Transactions
Are you looking to buy US real estate? You should be aware of the importance of title insurance. Read this blog for more information.
4
02, 2019
Happy Chinese New Year – 2019
The Team of Levy Salis LLP would like to wish you and your family a Happy Chinese New Year! May the year of the pig bring a lot of prosperity, happiness and good fortune to you and your loved ones. Gong Hei Fat Choy!
31
01, 2019
Israeli Common Reporting Standard
Israel to disclose bank accounts of foreigners with tax authorities like the CRA and the IRS. For more information, click to read more.
23
01, 2019
Americans Living in Canada: CRA Shares 1.6 million Banking Records with the IRS
If you are an American living in Canada, the CRA is now sharing your Canadian bank records with the IRS. To know more, please read the blog below.
10
01, 2019
Canadian Real Estate Wealth – Tax strategies to investing in the U.S
Shlomi Steve Levy was recently interviewed by Neil Sharma for his article entitled "Tax strategies to investing in the U.S." which appeared in Canadian Real Estate Wealth Magazine. In this article, Shlomi discusses certain tax planning issues for Canadians who invest in US real estate, including ownership structures and avoidance of double taxation.
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12, 2018
12
03, 2018
US Tax Reform – Deduction on US Sourced Individual Business Income
The signing into law of the Tax Cuts and Jobs Act by US President Donald J. Trump on December 22, 2017 brought considerable changes to both how individuals and corporations [...]
6
03, 2018
US Tax Reform – Changes to Deductions on Individual Income
The Tax Cuts and Jobs Act, commonly referred to as the US Tax Reform Bill, came into effect on January 1, 2018. Among the numerous changes it makes to the [...]
